Daily Times * MD commends Group’s focus on climate risks, role of carbon pricing mechanisms July 12, 2021 International Monetary Fund (IMF) Managing Director Kristalina Georgieva has appreciated the G20’s support for the historic agreement on a minimum corporate tax rate. In a statement issued on Sunday after the conclusion of the meeting of the G20 finance ministers and central bank governors, she added, “This will help countries preserve their corporate tax base and mobilise revenue by ensuring that highly profitable companies pay their fair share everywhere.” She commended the G20 for the focus on climate risks and role of carbon pricing mechanisms. She intended to follow up on a proposed international carbon price floor which could significantly accelerate the global economy’s transition to low-carbon growth.